Tourism and hospitality in Singapore - Statistics & Facts

Tourism is a major industry in Singapore, contributing to around four percent of its gross domestic product in 2019. In 2018, Singapore was the fifth-most visited city in the world and third in Asia-Pacific behind Macau, Bangkok and Hong Kong. Visitor arrivals to Singapore in that year were recorded to be around 18.5 million, while the period between January and August 2019 saw around 12.9 million visitors, a near two per cent year-on-year increase. Since 2009, visitor numbers have doubled, and growth in this area is expected to continue in the near future.

The increase in visitor numbers could be seen as the success of Singapore’s investments in the tourism, leisure and entertainment sector, marketing itself as a must-visit city destination offering a variety of unique experiences. In the last decade, Singapore completed several large-scale projects that helped place it on the tourism map, such as the Formula One Singapore Grand Prix, the world’s only night race; Gardens by the Bay, in which the world’s largest glass greenhouse is situated; and the world’s second-largest aquarium, the S.E.A Aquarium in Resorts World Sentosa. Since 2019, Singapore added another superlative attraction to that list - the world's tallest indoor waterfall, located in the newly opened entertainment complex Jewel Changi Airport.

However, the increase in visitor numbers did not translate to a corresponding increase in international visitor spending, which saw little growth from 2017 to 2018. Even so, Singapore still ranked fourth in international visitor spending worldwide in 2018. The largest spenders were visitors from China, who not only led in visitor numbers but also in contributions to the tourism receipts.

In 2019, however, one area of tourist spending reached a record high. Singapore not only saw record tourist numbers but also the highest transaction value in terms of hotel deals, reaching close to six billion U.S. dollars as at the end of November. By comparison, hospitality transaction volumes were at 4.2 billion U.S. dollars as of November 2018, a year which saw an average occupancy rate of 86.2 percent, the highest in the previous ten years. The hospitality industry thus highly benefited from the tourist influx and the rising number of visitors, more so than other sectors in the tourism industry.

Interesting statistics

In the following 4 chapters, you will quickly find the 20 most important statistics relating to "Tourism and hospitality in Singapore".

Tourism and hospitality industry in Singapore

Dossier on the topic

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Important key figures

The most important key figures provide you with a compact summary of the topic of "Tourism and hospitality in Singapore" and take you straight to the corresponding statistics.

Visitor arrivals to Singapore

Economic impact of tourism

Hotel Industry

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